jpmorgan warns: if Trump wins on Wednesday, the Fed may pause the easing cycle as early as December.
Analyst David Kelly expects that the policies of the Trump administration will expand the fiscal deficit, leading to increased inflation, which may cause the Federal Reserve to pause rate cuts. If Harris wins, the Federal Reserve will maintain an accommodative stance.
US stock market morning session | The three major indices fell together, with Nvidia rising more than 1% against the market, surpassing Apple in market cap; "Trump trade" cools down, china concept stocks collectively rise.
On the evening of the 4th Beijing time, the US stock market opened basically flat on Monday. Investors are preparing for the highly anticipated US presidential election, and continue to follow this week's Federal Reserve monetary policy meeting and US stock earnings. Nvidia will replace Intel as a component stock of the Dow Jones Industrial Average.
'U.S. Chip Toolmakers Move to Cut China From Supply Chains' - WSJ
"Apple's Initial Sales Of New IPhones This Year Are Expected To Surpass Those Of New Models In 2023; Nevertheless, The Company Is Encountering Difficulties In Further Penetrating The Chinese Market, According To Industry Sources" - DigiTimes Alert
US stock market outlook | Market suddenly reduces "Trump trade"! Polls show the outcome is unpredictable; Nvidia's pre-market rise nearly 2%, will replace Intel in the Dow Jones Industrial Average.
In pre-market trading on Monday, the three major futures indices showed mixed movements; popular China concept stocks generally rose in pre-market trading, with xpeng up nearly 6%; tesla's electric vehicle delivery volume in China in October decreased by 5.3% year-on-year and a significant 23% month-on-month drop.
Asia Mixed, Europe Market Rallies In US Election Week; Crude Oil Up 2% - Global Markets Today While US Slept